Daily Archives: May 24, 2017

Shandong Linglong Tyre plans to build €500 million factory in one of the CEE countries, with Poland on the shortlist for possible location, Reuters reported. The company will decide between Slovakia, Czechia, Hungary and Poland and will make a decision within three months. The plant, expected to emp...

State-owned lender BGK signed a deal with the European Investment Bank to launch an investment platform supporting social and affordable housing projects. By 2021 it will support projects worth PLN 2.1 billion. “Poland needs significant investment in social and affordable housing in the coming years...

According to energy minister Krzysztof Tchórzewski, Poland will have to spend some PLN 50 million in the next 20 years to adapt its energy facilities to meet EU standards. “The European Commission, in its efforts to curb CO2 emissions, proposes solutions that would cost us PLN 150-200 billion. I thi...

During the first four months of the year, Polish treasury received PLN 109.22 billion in taxes, up by 21 percent y/y. This amount represents 36 percent of the annual plan, the finance ministry informed. The revenue from VAT increased by 33.8 percent y/y, while the CIT and PIT taxes revenue increased...

Environmental campaigners chained themselves to equipment in ancient Bialowieża Forest in protest against the government-backed logging in the UNESCO World Heritage site. “Foresters have crossed a red line, they are devastating Poland’s biggest natural treasure for the sake of profits. We will...

WSE-listed coal miner JSW had PLN 864.5 million Q1 net profit, beating the PLN 763 million expected by analysts polled by the Polish Press Agency (PAP). In the corresponding period last year, the company posted PLN 59.8 million loss. Revenues amounted to PLN 2.37 billion, up by 69.4 percent y/y, whi...

President Andrzej Duda announced that he will ask the Senate to organize the referendum “aimed to decide on the foundation of our future constitution” on the next year’s Independence Day (November 11). The president still did not reveal what kind of questions he wants to ask. Duda announced hi...

The Polish cabinet adopted a draft bill that, if approved by the parliament, will force pay TV subscribers to collect TV and radio registration from their clients. Such data would be provided to state-owned postal operator Poczta Polska which is responsible for collecting audiovisual fee, which supp...

Marek Magierowski, who left his post as President’s Andrzej Duda spokesman earlier this month was appointed deputy foreign minister. He will be responsible for contacts with Asian nations. Magierowski left his previous position citing personal reasons, however various media reported that Presi...

Poland’s foreign ministry informed that two Polish nationals were killed and one was injured in the attack in Manchester on Monday. “We share the pain of the family and the loved ones of the victims and express our most sincere condolences,” MFA said in a statement. According two British media...

Discount retailer Biedronka will open its store at Ghelamco Poland’s The Warsaw HUB mixed-use project in Warsaw. The chain has leased 1,085 sqm at the scheme for the period of ten years. Located in the Rondo Daszyńskiego area of the Wola district of ...

Investor Adgar Poland has acquired an office building located on ul. Czackiego 15/17 in downtown Warsaw from Molina Nieruchomości. The value of the transaction amounts to PLN 36 million. The seven-floor property offers approximately 4,000 sqm of leas...
Adgar with new Warsaw office asset

Developer ECC Real Estate has opened for business its Nowa Stacja shopping center in Pruszków near Warsaw. The mall comprises approximately 27,000 sqm of space and houses around 100 stores and points of service. It was built by general contractor Kar...

The 2018 edition of MAPIC – the leading international retail property fair – has kicked off in Cannes, France, bringing together more than 2,500 shopping center developers and owners from around the world. They will be showcasing their latest project...

Flexible office space operator Regus has leased more than 2,200 sqm in building “C” of the Equal Business Park complex in Kraków. JLL advised the tenant during the process of selecting the location and negotiating the lease agreement. Equal Business ...
Regus expanding in Kraków

The future is coming. Space exploration, longevity, Biotechnology, in vitro meat, artificial intelligence, reading emotions, robotics, the blockchain, the future of media and medicine, investing in technology. That is the world of tomorrow which we w...

The 23rd annual Book of Lists Gala welcomed 180 guests – top-level executives across all industries. Like each year, the gala focused on major players operating in various sectors in Poland and awarded them with distinctions for their successes....

Being asked about salary expectations is almost always the most awkward part of a job interview. But it is equally or even more uncomfortable when a candidate is asked how much they earn in their current job. Should information about salaries be full...